Facebook's Libra must be 'rock solid' before launch warns BoE's Carney

By

"This is not learning on the job stuff": Governor.

Facebook's Libra must be 'rock solid' before launch warns BoE's Carney
Facebook's proposed Libra digital coin must show it is "rock solid" before it can be allowed to launch, Bank of England Governor Mark Carney said on Thursday. The social media giant plans to build a digital currency, raising concerns among global regulators that it could quickly become systemic ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

NAB deploys AI for staff called 'Ruby' that is built on Anthropic

NAB deploys AI for staff called 'Ruby' that is built on Anthropic

ANZ stands up an 'enterprise AI control plane'

ANZ stands up an 'enterprise AI control plane'

Westpac reveals AI cut data warehouse migration cost from $70m to $35m

Westpac reveals AI cut data warehouse migration cost from $70m to $35m

Australian Unity taps former Optus CIO as tech leader

Australian Unity taps former Optus CIO as tech leader

Log In

  |  Forgot your password?